Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections.
Category: Inflation (Economics)
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European Central Bank Lowers Interest Rates to 3.75%, Its First Cut in Five Years
The European Central Bank’s new interest rate, its first cut in five years.
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European Central Bank Cuts Interest Rates for First Time Since 2019
The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.
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Europe’s Fed Problem
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may ultimately depend on the Federal Reserve.
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E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts
With eurozone inflation falling, the European Central Bank has signaled it is ready to lower rates this week, diverging from the U.S. Federal Reserve.
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Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
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Price Pendulum Swings Back to Discounts, Within Limits
The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
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Bacon, Banter and the Business of a Diner
“I try to make people feel good.” How one New Jersey diner keeps the doors open.
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PCE Inflation, the Fed’s Preferred Gauge, Remained Flat in April
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Inflation Remains Steady, With Signs of Further Cooling
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Inflation Ticks Up in the Eurozone
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.
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Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.